Bitcoin: Exchange Whale Ratio - All Exchanges

The chart from cryptoquant shows the relationship between the price of Bitcoin and the Exchange Whale Ratio (the ratio of the top 10 inflows compared to the total inflow into exchanges).

Currently, the price of $BTC is around 74.7K USD, while the Whale Ratio has significantly increased compared to previous levels.

A high ratio indicates that whales are making up a larger portion of the total inflow into exchanges. On the other hand, a lower ratio typically reflects activity mainly from retail investors.

Historical data shows that sharp increases in the Whale Ratio often occur during significant price fluctuations of #Bitcoin